Pan African Resources disposes of Uitkomst coal mine
Coal of Africa (LON:COAL) is now acquiring a 91% stake for R275mln (£16mln).
Company
Pan African Resources PLC
LON:PAF
Pan African Resources PLC is a mid-tier African-focused gold producer with a production capacity in excess of 200,000oz of gold per annum. The company owns and operate a portfolio of high-quality, low-cost operations and projects, which are located in South Africa.
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Pan African Resources on track with refurbishment at Evander
Critical maintenance work is scheduled to be completed within the 55-day timeframe the miner originally set out
Broker keen on Pan African after mine visit
“We now see potential for Evander to exit this suspension of underground operations on a stronger footing.”
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Pan African Resources to pay out a record £17mln to investors as first-half profits improve
The company said it would hand back a record £17.1mln in dividend payments
Investments and investor services
FTSE 100 shares end higher as Unilever seeks more shareholder value
FTSE 100 shares ended higher on Wednesday, as Unilever talked up a review to show more shareholder value and Lloyds Banking posted its highest profit in a decade
EQTEC steps on gas as parent converts loan
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Pan African suspends underground mining at Evander
Pan African has cut production guidance, following a fatality at Evander
Investments and investor services
FTSE closes flat as Unilever holds market back
The FTSE 100 ended flat on Monday as Unilever shares sank in the wake of Kraft Heinz saying it had abandoned its proposed merger which would have been one of the biggest in corporate history
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Proactive mining news - Pan African Resources, Condor Gold and more
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Numis Securities remains upbeat on Pan African Resources after Elikhulu news
After a definitive feasibility study confirmed it was viable, Pan African announced on Monday that Elikhulu will be built on the site of the existing Evander mine.
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Pan African to open new tailings plant after upbeat study
Elikhulu will be built on the site of the existing Evander mine.
FTSE 100 shares close higher after Trump victory speech
FTSE 100 shares closed higher on Wednesday in a snap back from initial losses on news of Donald Trump's US presidential election victory
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Pan African Resources: Record production behind a doubling in earnings
The industry has benefited from a rise in the value of the yellow metal of almost US$200 an ounce in the past 12 months, although self-help has been the major driver for the AIM-listed digger.
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